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Mortgage / Finance about 8 hours ago
Home Builder Sentiment Sliding Steeply!April Retail Sales rose a strong 0.9%, which was inline with estimates while March was revised higher to 1.4% from 0.7%. Core Retail Sales were up 0.6% versus 0...
Mortgage / Finance about 8 hours ago
May 17th Mortgage Market Wrap-up 14Mortgage backed securities were down 62basis points today at 98.97 having closed 603 points below the 200 day moving average. The conforming rate is at 5.00% to...
Mortgage / Finance about 11 hours ago
Daily Market Report 5/17/22http://MikesDailyMarketReport.com: Retail Sales rose 0.9% in April, after a sharp higher revision to March (from 0.5% to 1.4%). This, on the surface looks ver...
GDP Forecast for 2nd Quarter Slows to 1.8%.A key manufacturing index fell well below recent levels while Goldman Sachs cuts its economic growth forecasts for 2022. The New York State Manufacturing Index ...
May 16th Mortgage Market Wrap-up 14Mortgage backed securities were up 25 basis points today at 99.59 having closed 545 points below the 200 day moving average. The conforming rate is at 5.00% tod...
Daily Market Report 5/16/22http://MikesDailyMarketReport.com: Manufacturing in the NY region contracted in April, as the Empire State Index reported that it declined 11.6 on it's index o...
Mortgage / Finance 2 days ago
“Thank You for the Kind Words!” “Thank You for the Kind Words!” Amazing company awesome group . Would recommend anyone who is looking to feel like they are a priority and that you’re ready to ...
Mortgage / Finance 4 days ago
May 13th Mortgage Market Wrap-up 14Mortgage backed securities were down 12 basis points today at 99.34 having closed 573 points below the 200 day moving average. The conforming rate is at 5.00% t...
Mortgage / Finance 5 days ago
Daily Market Report 5/13/22http://MikesDailyMarketReport.com: The Consumer Sentiment dropped fairly significantly in May, as it went from 65.2 in April to 59.1 in May. This is an import...
Mortgage / Finance 5 days ago
Commercial Indicators - 13 May 2022 (Toronto and GTA)
Commercial Bond Yields
CMB
5 Year - 3.13%
CANHOU 06/15/27
[-]
5 Year - 3.18%
EST. CANHOU 12/15/27
[-]
10 Year - 3.51%*EST. CANHOU 09/1...
"There's a Rental Epidemic"This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP
“There’s a Rental Epidemic”
I h...
Mortgage / Finance 5 days ago
"There's a Rental Epidemic"
“There’s a Rental Epidemic”
I have been asking every client that we’ve done mortgage for over the last 12 months that was a first-time home buyer what they w...
Mortgage / Finance 5 days ago
April Inflation Up Only .5%, Bucking Annual TrendHome borrowing costs inched higher last week and are up big from a year ago. Freddie Mac reports that the 30-year fixed-rate mortgage rose to 5.30% this week fr...
Mortgage / Finance 5 days ago
May 12th Mortgage Market Wrap-up 14Mortgage backed securities were up 25 basis points today at 99.50 having closed 561points below the 200 day moving average. The conforming rate is at 5.00% toda...